Merck KGaA (OTCMKTS:MKGAF – Get Free Report)’s share price rose 5% during trading on Wednesday . The company traded as high as $130.2280 and last traded at $130.2280. Approximately 242 shares traded hands during trading, a decline of 59% from the average daily volume of 596 shares. The stock had previously closed at $124.00.
Merck KGaA Trading Down 0.2%
The company’s fifty day moving average is $147.34 and its two-hundred day moving average is $139.78. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The company has a market cap of $16.84 billion, a price-to-earnings ratio of 19.89 and a beta of 0.96.
About Merck KGaA
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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